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Game on: Microsoft’s Activision Blizzard acquisition approved by EU, but there are challenges ahead
Mehul Das •Microsoft's acquisition of Activision-Blizzard got the green light from EU's European Commission, on the assurance that Microsoft would take steps to ensure they don't strangle cloud gaming. However, there are challenges ahead, namely the UK and the US.
What happens next after the UK ban on Microsoft's $69 billion Activision deal?
•The decision to block Microsoft’s acquisition of the ‘Call of Duty’ maker Activision Blizzard came as a shock after the UK regulator had already resolved its concerns about the consoles market. However, the deal is not dead yet
UK blocks Microsoft's $69 billion Activision deal, regulators fear monopoly in cloud gaming
Mehul Das •UK's Competition and Markets Authority has blocked the merger of Microsoft-Activision fearing that it would seriously damage competition in cloud gaming, an industry which is expected to be valued at $13.7 billion by 2026.